The Social Security retirement trust fund is now less than six years from insolvency, according to CRFB’s Insolvency Countdown Clock. Without action from policymakers, beneficiaries will face a deep ...
The Social Security Trustees project that the program’s retirement trust fund will become insolvent in 2032. That is when today’s 61-year-olds will reach their normal retirement age and when today’s ...
President Trump's Fiscal Year (FY) 2021 budget calls for about $3.2 trillion in net deficit reduction over the next decade by our estimate, including nearly $2 trillion in cuts to discretionary ...
The Pell Grant program helps low-income students to fund their education by offering them up to $7,395 per year to fund tuition and other expenses. Funding for these grants come mainly from annual ...
Fiscal Year (FY) 2026 ended yesterday. Although official figures have not yet been released, our preliminary estimates show high and rising deficits and debt. For FY 2026, we estimate: At $2.0 ...
Update 2/2/24: We have updated our estimate for MA overpayments due to new research into coding intensity and favorable selection from MedPAC. We find overpayments could be between $1.0 and $1.4 ...
Long-term interest rates are approaching their highest yields in 20 years today, with the 10-year Treasury yield topping 5.2% and the 30-year bond topping 5.6%. Current yields are roughly 1 percentage ...
Restoring solvency to the Social Security trust funds could grow the economy and help fix the debt, according to recent estimates of different Social Security solvency packages from Penn Wharton ...
The bill would require the House Appropriations Committee to bundle the 12 appropriations bills into four packages for markup once they had all passed their respective subcommittees. The goal is to ...
In the first segment of a new Fox News "Special Report Spotlight" series on America's balance sheet, Bret Baier spotlighted the nation's unsustainable debt and deficit by discussing the recent $40 ...
Over the next decade, the federal government is projected to spend $25 trillion on health care while forgoing an additional $7 trillion in employer sponsored health insurance-related tax breaks. 1 ...
Media Coverage The next Senate class will decide Social Security’s fate. Can they meet halfway to save it? Read more ...
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